A World Cities Summit without Asia’s World City?

A World Cities Summit without Asia’s World City?
Economy

The World Cities Summit is missing one ‘World City’: Hong Kong. What is Hong Kong missing in return? by Waltraut Ritter, Knowledge Dialogues The number…

Greater bay area project could address Hong Kong’s land resource challenges, Carrie Lam says

Greater bay area project could address Hong Kong’s land resource challenges, Carrie Lam says
Business

The highly-anticipated Greater Bay Area (GBA) project could be the answer to Hong Kong’s land resource challenges, Chief Executive Carrie Lam Cheng Yuet-ngor said at…

Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 

Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 
Business

The Hong Kong Securities and Futures Commission (SFC) and Abu Dhabi Global Market (ADGM) have recently signed a cooperation agreement to jointly promote and support…

Crypto exchanges flee from Asia amid regulatory uncertainties

Crypto exchanges flee from Asia amid regulatory uncertainties
Business

Scared away by regulatory clampdowns and uncertainty, cryptocurrency exchanges are fleeing Asia in general and Hong Kong in particular. At least three major exchanges, including…

SFC proposes to triple compensation for investors from defaulting companies

SFC proposes to triple compensation for investors from defaulting companies
Policy

The Securities and Futures Commission (SFC) said in a statement on April 27 that it is considering to update its Investor Compensation Regime (ICR). The…

“Hong Kong City” proposed in Greater Bay Area

“Hong Kong City” proposed in Greater Bay Area
Economy

The policy centre Business Professionals in Hong Kong has created a plan to transport a slice of Hong Kong into the mainland. Positioned as an…

Hong Kong’s de facto central bank buys HKD for the first time since 05’ 

Hong Kong’s de facto central bank buys HKD for the first time since 05’ 
Markets

The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has intervened to buy HK$3.258 billion of the local currency for the first…

China should lead in creating new sustainable international development model

Ed Note: While Harbour Times normally only looks at Hong Kong policy, our author here anticipates Hong Kong officials participating in mainland governance bodies will…

New super tax deduction may not be as inclusive as it seems

New super tax deduction may not be as inclusive as it seems
Business

In order to encourage R&D to be conducted in Hong Kong, the government proposed in its new budget a super tax deduction of 300 percent…

Failed abroad, to fail in Hong Kong? New tax on vacant homes of uncertain impact

In a city where housing situation has been a nightmare for many, the government is looking to an alternative to stamp duty to alleviate the…